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Trump to appoint new Fed board member

USA TODAY on MSN · 5h

Trump to appoint new Fed board member after governor Kugler announces resignation

Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the chance to appoint an early replacement amid his monthslong campaign to badger Fed officials into lowering interest rates.

Trump rails again against Fed chief, calls for board to take control

US President Donald Trump continued his verbal attacks on Federal Reserve Chairman Jerome Powell on Friday, calling the country's key central banker "a subborn MORON" in a post on his Truth Social media platform.

The New York Times · 5h

Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank

The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.

Trump, Fed and US labor

Reuters on MSN · 4h

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed

President Donald Trump on Friday fired a top Labor Department official on the heels of a market-shocking weak scorecard of the U.S. job market, accusing her without evidence of manipulating the figures and adding to already growing concerns about the quality of economic data published by the federal government.

Bloomberg on MSN · 2h

Trump Fires Data Chief on Bad Job News, Gets Chance to Tilt Fed

President Donald Trump got some bad economic news Friday, and responded by shooting the messenger. Trump fired the head of the Bureau of Labor Statistics, hours after it sent markets tumbling with a report that showed a dramatic slowdown in US hiring.

Hosted on MSN · 5h

Data credibility fears fueled after Trump orders firing of labor official

By Davide Barbuscia NEW YORK (Reuters) -Sharp downward revisions to past jobs data on Friday, followed by Trump’s sudden order to fire the head of the Bureau of Labor Statistics, stoked investor fears about the integrity of economic data and the Fed’s ability to read the true state of the economy.

3hon MSN

Trump urges Fed board to ‘assume control’ if rates not cut

President Trump called on the Federal Reserve board to 'assume control' if Chair Jerome Powell does not lower interest rates, ...

15h

Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...

10hon MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

1hon MSN

Trump admin live updates: Trump calls on Fed board to take 'control' if rates not cut

President Donald Trump issued an executive order slapping tariffs on many of America's trading partners but the new duties ...

9h

Mortgage Rate Outlook: Should You Lock Now Or Wait For Possible Fed Cuts?

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...

6h

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

9h

Fed’s Dissenters Were Worried About Jobs. Now We All Are.

The Federal Reserve released dissenting statements from two officials early Friday morning, revealing internal disagreements ...

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